Target Corp has confirmed that Data from about 40 million credit and debit cards are stolen from shoppers at its U.S stores during the first three weeks of the holiday shopping season.
Target Confirms Unauthorized Access to Payment Card Data in U.S. Stores: Issue identified and resolved http://t.co/7Q13ZtK5cc
— Target (@Target) December 19, 2013
Read below the press release from Target.
Target today confirmed it is aware of unauthorized access to payment card data that may have impacted certain guests making credit and debit card purchases in its U.S. stores. Target is working closely with law enforcement and financial institutions, and has identified and resolved the issue.
“Target’s first priority is preserving the trust of our guests and we have moved swiftly to address this issue, so guests can shop with confidence. We regret any inconvenience this may cause,” said Gregg Steinhafel, chairman, president and chief executive officer, Target. “We take this matter very seriously and are working with law enforcement to bring those responsible to justice.”
Approximately 40 million credit and debit card accounts may have been impacted between Nov. 27 and Dec. 15, 2013. Target alerted authorities and financial institutions immediately after it was made aware of the unauthorized access, and is putting all appropriate resources behind these efforts. Among other actions, Target is partnering with a leading third-party forensics firm to conduct a thorough investigation of the incident.
And, Target had asked its customers to review the card statements to check for any misuse of the cards.
